Happy Monday and Merry Christmas friends!
Let’s dive in!
Stats/alerts/etc at top and tweets/news/links/videos/etc at bottom… and all tweets are hyperlinked so just click on them to pull them up on Twitter!
Market Update
Crypto (from @CryptoBubbles24):
Gold: $2064.50
Oil (WTI): $73.56
US 10Y Treasury: 3.901%
Stocks ($SPY as proxy): N/A
Biggest Price Movers
(From @coingecko top 1000, by 24 hour change)
Spotlight
Our monthly sponsor for December is the gigabrain team over at @ChainEDGE_io!
ChainEDGE is the creation of @OnChainWizard… well-respected defi expert, active trader, and long-term friend of The Daily Degen!
ChainEDGE is the premier on-chain analytics service for active tradoors… offering a live real-time smart money Alpha Stream, smart-money daily inflow/outflow tracking, daily summary from @OnChainWizard himself, real-time New Launch Digest, and tons of additional features!
Make sure to sign up now to start taking advantage of it!
Biggest TVL Movers + Else
Chains are mostly red today. Top 50 chains up at least 50% on the weekly include Solana (#5), Manta (#29), Near (#34), and Tezos (#37).
Protocols are mixed today. Protocols with at least $20M TVL up at least 200% on the weekly include LayerBank, StakeStone, EigenLayer, and Mountain Protocol.
Here’s The Top 12 Chains By TVL (from @DefiLlama):
Here’s The Top 12 Protocols By TVL (from @DefiLlama):
Here’s The Top 12 Entities By 24 Hour Fee Generation (from @DefiLlama):
Top Trending Tokens (from @dexscreener, 24 hour timeframe):
Bitcoin Fear/Greed Index:
(from @BitcoinFear)
Ethereum Fear And Greed Index
(from @EthereumFear):
New Projects
(note: this includes new projects we find through combing Twitter each day, and we also include every (newly launched) protocol added by @DefiLlama - hence disclaimer: these are not pre-vetted by us so make sure to DYOR!)
-New AMM called @zetaswapdex. Twitter bio states “The Native DEX of @zetablockchain | PMM Powered by @native_fi”. h/t @thealphadigest:
-Something new on Injective called @NexBitNetwork. Twitter bio states “Evolving finance, one Bet at a Time ⛩️ Community owned BetFi protocol on @injective_ 🎴” h/t @Beacon_Early:
-New project on Sui called @suilendprotocol. Twitter bio states “Autonomous lending and borrowing platform on Sui. Launching soon.” h/t @AresLabs_xyz:
Top Stablecoin Yields
(note: these are the top Stablecoin Yields, sourced from @DefiLlama (all types, $10M+ TVL only) and @stable_fish - note: these lists are just raw data, make sure to always DYOR before interacting with any/all protocols)
Important News And Analysis
(key news, twitter threads, articles, videos, etc from last 24 hours)
-Prices saw a bit of a dip over the last 24 hours, h/t @ByzGeneral:
-Total crypto market cap chart looking bullish, h/t @defi_gaz:
-Bitcoin at its second-highest price ever for Christmas this year:
-Macro schedule for the week ahead c/o @KobeissiLetter:
-$EGLD, which was a retail darling of the last bull run known as Elrond before renaming itself MultiversX, is the latest L1 token to outperform, h/t @Dynamo_Patrick:
-Lot of discussion the last couple days about cex MEXC, h/t @cobie below:
-Much continued speculation regarding how the potential ETF approval will play out, sample c/o @ColdBloodShill below:
-Binance saw a decline in market share of cex spot trading this year, h/t @WuBlockchain:
-Interesting tweet re: Tron from @QwQiao:
-Good thread on @berachain from @MysterYeti:
-Thoughts on Q1 from @JasonYanowitz:
-@ChainLinkGod on chain-maximalism:
-Massive thread of L2 stats from @coin98analytics for those searching out data/alfa/etc this Christmas:
-New ‘Cosmos & Celestia Airdrop Farming Guide’ collaboration video from @TaikiMaeda2 and @Cryptocito:
-New video from @CamiRusso at @DefiantNews going over some of the more significant developments/news in defi as of right now:
-Parting Christmas wisdom from @thedefiedge:
Conclusion
Happy Monday and Merry Christmas friends! Much appreciate you all :)
And please RT/subscribe/etc if you found this valuable!
-
-
-
-
***Note On Material: The ‘Spotlight’ and ‘Note’ sections and info on our Official Monthly Sponsor are the only parts of The Daily Degen that are sponsored/promotional. Everything else is chosen 100% organically based on what info/stories/etc seem likely to be the most newsworthy/important/valuable to readers.